Archives For: Investor and Regulatory Updates
Fannie Mae: SVC-2021-02: Servicing Guide Updates
Fannie Mae updated its Servicing Guide to include a number of relevant updates impacting mortgage servicers.
10 Mar 2021
MHA: HAMP Update: Reporting System Maintenance Outage
Making Home Affordable (MHA) issued a release outlining system maintenance scheduled for March 26, 2021.
10 Mar 2021
FHFA: Extended COVID-19 Forbearance Period and Moratoriums
The FHFA announced an extension of the moratoriums on single-family foreclosures and REO evictions until June 30, 2021.
25 Feb 2021
Freddie Mac: Guide Bulletin 2021-08: Temporary Servicing Guidance
Freddie Mac announced an extension of the COVID-19 foreclosure moratorium, expansion of the COVID‑19 forbearance plans, expansion of the COVID-19 payment deferral and clarification regarding Freddie Mac Flex Modification® eligibility for borrowers with a COVID-19 hardship.
25 Feb 2021
HUD: FHA INFO #21-11: COVID-19 Loss Mitigation Policies Webinar
The U.S. Department of Housing and Urban Development (HUD) announced the availability of a pre-recorded webinar that discusses the various policies outlined in Mortgagee Letter (ML) 2021-05, Extensions of Single Family Foreclosure and Eviction Moratorium, Start Date of COVID-19 Initial Forbearance, and Home Equity Conversion Mortgage (HECM) Extension Period; Expansion of COVID-19 Loss Mitigation Options.`
23 Feb 2021
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a release containing information regarding upcoming system maintenance and recently announced COVID-19 policy guidance.
23 Feb 2021
HUD: Texas Winter Storm Federal Disaster Assistance
The U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for the State of Texas to provide support to homeowners and homebuyers in areas affected by a severe winter storm.
22 Feb 2021
Fannie Mae Lender Letter LL-2019-08 Mortgage Insurance Updates
Fannie Mae issued a Lender Letter updating the MassHousing Mortgage Insurance Fund’s Loan Loss Reserve Agreement, Commitment/Certificate, and Mortgage Payment Protection Endorsement Forms as well as the list of Approved Mortgage Insurance Forms.
17 Feb 2021
HUD: Extensions and Expansions of COVID-19 Homeowner Relief
The U.S. Department of Housing and Urban Development (HUD) announced that it has extended the time frame for homeowners to request the start of a COVID-19 forbearance from their mortgage servicer through June 30. This extension provides homeowners with additional time to request a forbearance from their mortgage servicer.
16 Feb 2021
VA: Circular 26-21-05: Extended COVID-19 Foreclosure and Eviction Relief
The U.S. Department of Veterans Affairs (VA) announced extended foreclosure and eviction relief on properties secured by VA-guaranteed loans, including those previously secured by VA-guaranteed loans but currently in VA’s Real Estate Owned (REO) portfolio.
16 Feb 2021